AMCR vs IFF: Correlation
How closely do Amcor (AMCR) and International Flavors & Fragrances (IFF) trade together? Their weekly returns over three years give a correlation of 0.55, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMCR and IFF?
On 3 years of weekly data the AMCR/IFF correlation comes out at 0.55, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.69 versus 0.55 over 3 years. The 5-year figure is 0.58, and annualized covariance runs at 400.9 %².
By 3-year correlation, IFF places #8 of the 36 assets tracked against AMCR. Correlation aside, the last 12 months split them widely, with IFF ahead by 20.6 points (+12.6% versus +33.2%). On a rolling one-year basis the correlation drifted between 0.26 and 0.69, a moderate band.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AMCR vs IFF: side by side
| AMCR (Amcor) | IFF (International Flavors & Fragrances) | |
|---|---|---|
| 1-year return | +12.6% | +33.2% |
| 5-year return | -9.8% | -34.3% |
| Volatility (ann.) | 24.5% | 29.5% |
| Beta vs S&P 500 | 0.46 | 0.69 |
| Max drawdown (3Y) | -32.0% | -42.6% |
| Market cap | $21.5B | $22.2B |
| P/E (trailing) | 19.8 | – |
| Dividend yield | 5.51% | 1.84% |
| Sector / category | Materials | Materials |
Year-by-year returns
| Year | AMCR | IFF |
|---|---|---|
| 2022 | +3.2% | -28.3% |
| 2023 | -15.0% | -19.5% |
| 2024 | +2.6% | +6.3% |
| 2025 | -9.0% | -18.4% |
| 2026 | +14.9% | +30.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMCR and IFF good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AMCR and IFF?
As of 2026-08-27, the correlation of weekly returns between AMCR and IFF is 0.55 over 3 years, 0.69 over 1 year and 0.58 over 5 years.
Is IFF a good diversifier for AMCR?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amcr-vs-iff.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/amcr-vs-iff/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMCR correlations · IFF correlations
